单词 | refinance |
释义 | refinance (once / 5062 pages) v To refinance a loan is to start the terms over again, usually with a lower interest rate. If you buy a house with a mortgage at a high interest rate, you may be able to refinance later and pay less each month. When you take out a loan from a bank, you always have to pay interest — you agree to pay the money back, plus a certain monthly or yearly percentage of it. If this percentage is high, or the monthly payment is too much, you can sometimes refinance the loan and get new terms that are better. Finance was originally an Old French word meaning "payment" or "settlement of a debt." WORD FAMILYrefinance: refinanced, refinances, refinancing+/finance: financed, finances, financial, financier, financing, refinance/financial: financially, nonfinancial/financier: financiering, financiers/financing: financings USAGE EXAMPLESDistrict of Columbia University, $311.5 million of revenue refinancing bonds. New York Times(Jan 01, 2017) Otherwise, consider refinancing any private loans separately and apply the amount you save to your federal loan bills. Seattle Times(Dec 26, 2016) Energy Future refinanced billions of dollars in debt early in its chapter 11 proceeding and said it was entitled to ignore the make-whole clause. Wall Street Journal(Dec 20, 2016) v renew the financing of Hyper finance obtain or provide money for |
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